By Ernest Scheyder and Sheila Dang HOUSTON (Reuters) -Chevron will lay off 15% to 20% of its global workforce by…
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Fed’s Powell says central bank still has access to data it needs
NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell said Wednesday the central bank has not been cut off from…
Order blocking Musk’s DOGE from Treasury systems doesn’t apply to Bessent, judge says
By Luc Cohen NEW YORK (Reuters) – A U.S. judge clarified on Tuesday that an order restricting billionaire Elon Musk’s…
AI chip startup Positron raises $23.5 million seed round to take on Nvidia
By Anna Tong Positron, a startup chip maker that aims to compete with Nvidia, said Tuesday it raised $23.5 million…
Iran alerts UN to Trump threat of force, says it will defend itself
By Michelle Nichols UNITED NATIONS (Reuters) – Iran alerted the United Nations on Tuesday to what it described as “reckless…
Bank of America expects record net interest income in 2025
NEW YORK (Reuters) – Bank of America expects record net interest income in 2025, the head of its retail banking…
Amazon faces union vote at North Carolina warehouse
By Greg Bensinger (Reuters) – Amazon is facing its second workers’ union vote in as many months as laborers at…
Gold bulls lock in on glittering milestone; $3,000/oz in sight
By Ashitha Shivaprasad and Daksh Grover (Reuters) – U.S. President Donald Trump’s latest tariff threats have ignited another gold rush,…
Hyatt expands in Caribbean, Mexico with $2.6 billion Playa Hotels acquisition
By Aishwarya Jain (Reuters) -Hyatt Hotels will buy Playa Hotels & Resorts for about $2.6 billion including debt, the company…
US homeland chief seeks to deputize IRS agents for immigration enforcement
By Ted Hesson WASHINGTON (Reuters) – The U.S. Department of Homeland Security wants to deputize some Internal Revenue Service criminal…